Emerging Credit Rating Limited (ECRL) has assigned A- (Pronounced as Single A minus) long term credit rating and ST-2 for short term credit rating to Naheed Fine Tex Ltd. (hereinafter referred to as “NFTL” or “the company”). The outlook of the rating is Stable. The rating is based on the audited financial statements from FY2021-FY2023, field visit with other relevant information.